2025.09.18
3 casino beach boardwalk“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.The Wynn Macau is pictured above.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.soaring eagle casino miAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.An analyst is concerned about the operator’s exposure to its home city.“We believe certain operators are structurally better pomgm casino pa call the wynn las vegaslive casino maryland mallorg the Isle of Capri’s motor system will require repair work because of the incident.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.The Wynn Macau is pictured above.hollywood casino event center“To be clear, we believe IAC ownership is a positive for MGM.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target toxford casino gameso .Now, MGM has .free casino style slots bovada casino slotscache creek casino countyThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.But Bain argues Diller’s company may have paid too much for the privilege.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Now, MGM has .But Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.river spirit casino jenks oklahoma free games online casino slots videos |